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Starting a Company in the Netherlands from Australia in 2024-25 | Full Guide

In this article, we have discuss about how to start a company in the Netherlands from Australia in 2024. Read the complete article to know more about process & benefits.

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    Company in the Netherlands from Australia

    As an Australian citizen, the notion of establishing a company in the Netherlands may appear overwhelming at first. However, with the proper information and preparation, it is a very attainable aim. In this article, I’ll lead you through the essential procedures for effectively establishing your business in the Netherlands, even if you live inAustralia.

    I will cover the essential legal and administrative requirements, such as registering your company, obtaining necessary permits and licenses, and understanding Dutch tax obligations. I will also provide practical advice on setting up your operations, finding office space, and hiring employees in the Netherlands.

    So, if you are an Aussie entrepreneur looking to expand your horizons and tap into new markets, read on to discover how to successfully start a company in the Netherlands.

    How to Incorporate a Company in the Netherlands from Australia

    The following steps to incorporate a company in the Netherlands from Australia includes:

    • Choose a legal entity: The most common structure for foreign entrepreneurs is a private limited company (BV), which doesn’t require residency in the Netherlands. You can also consider a branch registration if you prefer having an offshoot of your Australian company.
    • Name your company. Make sure the name translates well and isn’t offensive in Dutch. 
    • Determine shareholders and share capital. For a BV, you need at least one director and a minimum share capital of €0.0112. Most foreign banks require more to open a business account.
    • Gather required documents. You’ll need utility bills dated within the last 3 months for proof of address. A company formation expert can help translate your articles of association into Dutch.
    • Find a registered business address in the Netherlands. This can be a virtual office or coworking space.
    • Incorporate the company. You’ll need to work with a Dutch notary to execute the deed of incorporation. The entire process can be done remotely with a power of attorney.
    • Register with the Dutch Chamber of Commerce (KVK). This is where you’ll officially register your company in the Dutch Business Register. There is a registration fee.
    • Open a Dutch business bank account. Most foreign banks require more than the minimum share capital to open an account for a BV.
    • Apply for relevant tax numbers. This includes a VAT number and corporate income tax number.

    Documents Required to Register a Company in the Netherlands from Australia

    • Details of all managing directors, supervisory directors, and any existing proxy holders
    • Name of the company
    • The company’s registered address in Holland
    • Articles of association
    • A verified copy of the shareholder register
    • Business Plan
    • Expected acquisition and annual gross profit of the company
    • License approval and name reservation application
    • Power of attorney granted to the firm’s director or supervisor
    • Share capital details
    • Board Resolution for employing the Director or the executives

    Benefits of Starting a Company in the Netherlands from Australia

    Favorable Tax Environment

    The Netherlands offers attractive tax benefits for companies, including a corporate tax rate of only 19% on profits up to €200,000. It has participation exemption rules that exempt dividends received from subsidiaries, and an extensive network of tax treaties to avoid double taxation.

    Business-Friendly Climate

    The Netherlands consistently ranks as one of the top countries for ease of doing business. The government provides incentives for research, development and innovation. English is widely spoken, and the Dutch business culture is progressive with a focus on efficiency.

    Strategic Location

    The Netherlands serves as an ideal gateway to the European market, with over 170 million consumers located within 24 hours of Amsterdam. Its excellent infrastructure, including well-connected transportation networks and digital connectivity, facilitates efficient trade and operations.

    Skilled Workforce

    The Netherlands has a highly educated, multilingual workforce that can easily integrate with Aussie companies. The country’s strong education system and quality of life make it an attractive place for employees.

    Access to European Markets

    By incorporating in the Netherlands, Australian companies gain direct access to the European single market, streamlining trade and reducing barriers to entry in other European countries. The Netherlands’ membership in the EU provides access to its trade agreements.

    Incorporation Flexibility

    Foreign legal entities are sometimes easier and cheaper to set up in the Netherlands compared to Dutch structures, as they don’t require a civil-law notary. The “incorporation principle” allows foreign companies to comply with both Dutch law and the law of their country of origin.

    Requirements to Incorporate a Company in the Netherlands from Australia

    The specific requirements to incorporate a company in the Netherlands from Australia includes:

    Eligibility Criteria

    Paid Up Capital: A minimum of 1 Euro is required.

    Shareholder: At least 1 shareholder is necessary.

    Foreign Director: A minimum of 1 director from any nationality is required.

    Local Registered Address: A local registered address, either virtual or physical, is mandatory.

    Preferable Type of Company: BV (besloten vennootschap) is recommended.

    Process

    • Register your company at the KVK (Dutch Business Register) and for Dutch taxes.
    • Fulfill conditions for staying in the Netherlands, including obtaining a residence permit if necessary.
    • Write a business plan, research the market, and make a financial plan.
    • Choose a trade name, select a legal business structure, and keep business records.
    • Arrange general terms and conditions, insurance, and meet legal requirements.
    • Register with the Dutch Business Register and Tax Administration.

    Documents Required

    • License approval and name reservation application.
    • Copies of the current trade license.
    • Details about the company’s business area.
    • Completed business registration form.
    • Power of attorney granted to the firm’s director or supervisor.
    • Share capital details.
    • Memorandum of Association & Articles of Association of the company.
    • Board Resolution for employing the Director or the executives.

    Conclusion

    Starting a business in the Netherlands from Australia may be a gratifying and profitable endeavour for Australian entrepreneurs. With its strategic position, favourable business climate, and strong economic links to Australia, the Netherlands provides a unique opportunity for Australian enterprises to broaden their reach and enter the European market. Understanding the essential stages and regulations will enable Aussie entrepreneurs to effectively traverse the process of establishing a company in the Netherlands, harnessing the country’s business-friendly climate and resources to fuel development and success.

    You can contact our business expansion consultant at OnDemand International.